Economic growth is dependent upon two human behavoirs on how one spends available personal capital resources ----which for the most of us comes from our income paychecks. One is that supply must meet demand in both products and services. Two, and what is less known, is the velocity, or time cycles in which capital exchange from point ' A ' to point ' B '. In simple terms is how money goes from one pocket to another in rates of time.
The economic aspect of nightlife entertainment and its central importance is that this socio-cultural sector's activities in the velocity of capital exchanges is equal to similar velocity rates found on Wall Street exchanges; they both having similar anxieties over the flow of capital and growth expectations or the loss of. None the less, nightlife entertainment is more stable as at its center are the core of performers, and services who are fighting their own fears of impending poverty, and who are more dependent upon public approval --- such as the content offerings and their tastes of restaurant menu purchases and subsequent tippings---as a result than the stock brokers. More importantly, the ability of this sector to raise local socio-cultural aspirations are far more significant to local economies than which exist upon the national scene. Just look at both the Hip Hop culture as well as more recent economic mini-booms following the economic impact trail of " Lady GaGa' - where local dress shops and restaurant sales are increased before and after each performance stop on her present concert tours.
It is the activities, emotional excitment, and the critical aspects of economic velocity rates which becomes far greater in their acceleration rates which is the national leading factor for economic growth within nightlife entertainnent than Wall Street. This is extremely observable in poverty urban settings where growth emerges from the accelerated velocity of capital exchanges from the economic triggers found within the Hip Hop cultures. Some how the velocity rates which flows from Wall Street are immediately slowed or halted when their profits are held in holding banking reserves-where the mass of capital is allowed to attract higher interests rates on loans.
What should peek your interests is that once in history, this was the very economic fundementals being imployed by King Louis XIV in his full development of his royal court, and developing France, with Paris as its center, into the leading cultural capital of Europe, if not the World itself. Paris, France its nightlife entertainment still maintains the traditions of International Cultural Leadership - even under circumstances when France was bankrupt, or under Nazi occupaiion, I.E, King Louis's impact and added innovations in French Fashions, Cabarets, Restaurants, Cafes, and The Ballet. It is how which leads one to focus on what triggers increases in velocity rates.
Email me danishfalcon@aol.com if you want to know more .....or go and dig up King Louis XIV.
"May all of you prosper."
Mr. Roger M. Christian, Ithaca, New York
It is the activities, emotional excitment, and the critical aspects of economic velocity rates which becomes far greater in their acceleration rates which is the national leading factor for economic growth within nightlife entertainnent than Wall Street. This is extremely observable in poverty urban settings where growth emerges from the accelerated velocity of capital exchanges from the economic triggers found within the Hip Hop cultures. Some how the velocity rates which flows from Wall Street are immediately slowed or halted when their profits are held in holding banking reserves-where the mass of capital is allowed to attract higher interests rates on loans.
What should peek your interests is that once in history, this was the very economic fundementals being imployed by King Louis XIV in his full development of his royal court, and developing France, with Paris as its center, into the leading cultural capital of Europe, if not the World itself. Paris, France its nightlife entertainment still maintains the traditions of International Cultural Leadership - even under circumstances when France was bankrupt, or under Nazi occupaiion, I.E, King Louis's impact and added innovations in French Fashions, Cabarets, Restaurants, Cafes, and The Ballet. It is how which leads one to focus on what triggers increases in velocity rates.
Email me danishfalcon@aol.com if you want to know more .....or go and dig up King Louis XIV.
"May all of you prosper."
Mr. Roger M. Christian, Ithaca, New York
No comments:
Post a Comment